Germany's car industry lambasted U.S. President Donald Trump's plans to impose sweeping 25% tariffs on U.S. car imports Trump on Wednesday said he would implement tariffs on all vehicles and foreign-made auto parts imported into the U.

Germany's economy minister and its autos association slammed Donald Trump's newly-announced 25% tariff on imported vehicles to the U.S. as bad for European and U.S. economies, calling for urgent negotiations to ward off a spiralling trade war.

Leaders in both countries warned that tariffs would fan inflation in the United States and upend global supply chains.